Business ownership connections
2 active businesses and 2 former businesses connect to Cortec Group in this directory. Some links describe franchises or minority investments, so a connection doesn’t always mean control.
Goettl controller; minority Groundworks investor after March 2023.
0 acquisitions or changes listed for this business in the downloadable data.
Current connection · portfolio investment; current control percentage undisclosed
Cortec lists Goettl as a current investment. The listing does not itself state a numeric majority and does not establish common control with minority-held Groundworks.
From 2021-12 · End date not given · Checked 2026-10-23 · Link R022 S019 AC-S014
Current connection · Minority stake
Cortec retained minority positions after exiting majority control.
From 2023-03 · End date not given · Checked 2026-07-26 · Link R051 S049 S050
Each business below links to this owner or group. Franchise, minority investment, and past connections are labeled.
TX / HVAC · plumbing
Goettl Air Conditioning & Plumbing
Current operating or investment connection
TX / foundation repair · waterproofing
Groundworks Companies, LLC
Current minority-investment connection
TX / HVAC · plumbing / Historical
Goettl Air Conditioning & Plumbing
Past or unconfirmed operating or investment connection
TX / foundation repair / Historical
Groundworks
Past or unconfirmed minority-investment connection
Cortec investment in Goettl
Cortec exited majority in March 2023 and retained minority positions
Sponsor’s currently owned investments include Goettl in Fund VII.
Owned/current is not an explicit economic majority.
KKR significant investment; Cortec remained shareholder; current control not confirmed